The seed round was co-led by Portage and Backed to support international expansion and product development.
"Lopay’s mission has resonated with thousands of small businesses and sole traders who are being squeezed simultaneously by high inflation and fragile customer demand."
The seed round was led by Mark Boost with backing from Green Angel Ventures and British Gas.
"Data centres are fundamental to our modern lives but they do use (and waste) enormous amounts of energy. All the processing energy ends up as heat and more energy is spent getting rid of it. But heat is useful, why waste it? At heata we’re reusing it to help tackle fuel poverty in a cost of living crisis; another key challenge of our time. This enables a step change in sustainable compute with a genuine social impact."
— Chris Jordan, Co-Founder and Chief Technology Officer
British Design Fund led the investment to support the rollout of artificial intelligence and neurotechnology tools designed to mitigate industrial accidents.
"Human error is a factor in almost all workplace accidents and our mission at FC Labs is to get to the heart of the problem, with a simple, low cost solution."
The seed round was led by HV Capital with participation from Dutch Founders Fund, AlbionVC, FFVC, and other backers.
"Lenders are really just at the start of the digitalisation journey. kennek is here to help accelerate that journey and provide them with the tools to capitalise on the growth of the non-bank lending space."
The funding round includes backing from high profile music icons as the company expands its international reach.
"Being able to draw on the support of artists in our mission to revolutionise the royalty space has been key to Audoo’s success, and we are incredibly proud to welcome even more icons to aid in the next stage of our journey."